Idaho Shakespeare Festival Inc

Organization Overview

Idaho Shakespeare Festival Inc is located in Boise, ID. The organization was established in 1975. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 10/2020, Idaho Shakespeare Festival Inc employed 109 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Idaho Shakespeare Festival Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 10/2020, Idaho Shakespeare Festival Inc generated $3.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $2.2m during the year ending 10/2020. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE FESTIVAL'S MISSION IS TO PRODUCE GREAT THEATER, ENTERTAIN AND EDUCATE. TO REALIZE THIS MISSION, THE FESTIVAL SEEKS TO: DEVELOP AN ARTISITIC HOME FOR THEATER ARTISTS THAT SUPPORTS EMERGING ACTORS, ENCOURAGES NEW REGIONAL AND NATIONAL PLAYWRIGHTS, PROMOTES OUTREACH PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IDAHO SHAKESPEARE FESTIVAL PROFESSIONAL PRODUCTIONS OF SHAKESPEARE AND OTHER PLAYS DURING THE SUMMER MONTHS AND EDUCATION PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Charles H Fee
Artistic Director
$132,074
Mark Hofflund
Managing Director
$130,473
Vernon Banks
President
$0
Shavonna Case
VP Of Fundraising
$0
Hollis Brookover
VP Board Ops
$0
Kristin Bjorkman
VP Of Finance
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$2,647,030
Investment income $38,807
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $86,739
Net Income from Fundraising Events $54,420
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,964,259

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Idaho Shakespeare Festival Inc has recieved totaling $2,350.

Awarding OrganizationAmount
Thomas M And Carol F Smith Family Foundation Inc

Boise, ID

PURPOSE: PROMOTION OF THE PERFORMING ARTS

$1,525
First Interstate Bancsystem Foundation Inc

Billings, MT

PURPOSE: GENERAL OPERATING SUPPORT

$825
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,751
Admin Expense$1,151
Ending Balance$600

Peer Organizations

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